P/E ratio for Sunteck Realty (SUNTECK.NS)
P/E ratio as of April 2024 (TTM): -131
According to Sunteck Realty 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -130.607. At the end of 2022 the company had a P/E ratio of 183.
P/E ratio history for Sunteck Realty from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 183 | 5.51% |
| 2021 | 174 | -14.16% |
| 2020 | 202 | 415.71% |
| 2019 | 39.2 | 79.55% |
| 2018 | 21.8 | -23.37% |
| 2017 | 28.5 | 227.76% |
| 2016 | 8.70 | -57.95% |
| 2015 | 20.7 | 112.52% |
| 2014 | 9.73 | -90.75% |
| 2013 | 105 | -113.02% |
| 2012 | -808 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.